Internet of Things Market in the Healthcare Sector by Type and Geography - Forecast and Analysis 2021-2025
- Published: Oct 2021
- Pages: 120
- SKU: IRTNTR71342
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The internet of things market share in the healthcare sector should rise by USD 60.36 billion from 2021 to 2025 at a CAGR of 14.38%.
This internet of things market research report of the healthcare sector provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (medical devices, software and systems applications, and connecting technologies) and geography (North America, Europe, APAC, South America, and MEA). The internet of things market report of the healthcare sector also offers information on several market vendors, including AT and T Inc., Cisco Systems Inc., Honeywell International Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., Robert Bosch GmbH, SAP SE, and Siemens AG among others.
What will the Internet of Things Market Size in the Healthcare Sector be in 2021?
To Unlock the Internet of Things Market Size in the Healthcare Sector for 2021 and Other Important Statistics, Download the Free Report Sample!
Internet of Things Market in the Healthcare Sector: Key Drivers and Trends
The increasing remote patient monitoring is notably driving the IoT market growth in the healthcare sector, although factors such as the increasing threats to cybersecurity may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the internet of things industry in the healthcare sector. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This internet of things market analysis report of the healthcare sector also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Internet of Things Market Vendors in the Healthcare Sector?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- AT and T Inc.
- Cisco Systems Inc.
- Honeywell International Inc.
- Intel Corp.
- International Business Machines Corp.
- Microsoft Corp.
- Oracle Corp.
- Robert Bosch GmbH
- SAP SE
- Siemens AG
The vendor landscape of the internet of things market in the healthcare sector entails successful business strategies deployed by the vendors. The IoT market in the healthcare sector is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the internet of things market in the healthcare sector forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Internet of Things Market in the Healthcare Sector?
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38% of the market's growth will originate from North America during the forecast period. The US, Mexico, and Canada are the key markets for internet of things in the healthcare sector in North America.
The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The use of wearables to monitor human health will facilitate the internet of things market growth in the healthcare sector in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
What are the Revenue-generating Type Segments in the Internet of Things Market in the Healthcare Sector?
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The internet of things market share growth in the healthcare sector by the medical devices segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the IoT market size in the healthcare sector. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.
|
Internet of Things Market Scope in the Healthcare Sector |
|
|
Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 14.38% |
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Market growth 2021-2025 |
$ 60.36 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
9.29 |
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Regional analysis |
North America, Europe, APAC, South America, and MEA |
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Performing market contribution |
North America at 38% |
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Key consumer countries |
US, Canada, Mexico, Germany, UK, France, China, Japan, and India |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Companies profiled |
AT and T Inc., Cisco Systems Inc., Honeywell International Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., Robert Bosch GmbH, SAP SE, and Siemens AG |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Factors Covered in this Internet of Things Market Report of the Healthcare Sector?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive internet of things market growth in the healthcare sector during the next five years
- Precise estimation of the internet of things market size in the healthcare sector and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the IoT market in the healthcare sector across North America, Europe, APAC, South America, and MEA
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of IoT market vendors in the healthcare sector
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Medical devices - Market size and forecast 2020-2025
- Software and systems applications - Market size and forecast 2020-2025
- Connecting technologies - Market size and forecast 2020-2025
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AT and T Inc.
- Cisco Systems Inc.
- Honeywell International Inc.
- Intel Corp.
- International Business Machines Corp.
- Microsoft Corp.
- Oracle Corp.
- Robert Bosch GmbH
- SAP SE
- Siemens AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- Canada
- Mexico
- Germany
- UK
- France
- China
- Japan
- India
- Increasing remote patient monitoring
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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